Calvin Klein is headed downtown with his newest women’s scent this summer — and industry sources estimate the fragrance could deliver a $120 million payday in retail sales globally.
The new offering, Downtown, will be on counter in July in selected global markets and hits U.S. counters in September.
“Calvin Klein is our largest fragrance business and very important to us,” said Jean Mortier, president of Coty Prestige. “Our aim is to strategically create another women’s fragrance as big — or...
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